Babcock & Wilcox MEGTEC Holdings, Inc., commonly referred to as B&W MEGTEC, is a leading provider of advanced environmental technologies and energy solutions, headquartered in the United States. Founded in 1867, the company has established a strong presence in key operational regions, including North America and Europe, focusing on industries such as power generation, industrial manufacturing, and environmental services. B&W MEGTEC is renowned for its innovative core products, including air pollution control systems, energy recovery solutions, and advanced drying technologies. These offerings are distinguished by their efficiency and sustainability, positioning the company as a trusted partner in reducing emissions and optimising energy use. With a rich history of milestones and a commitment to excellence, Babcock & Wilcox MEGTEC continues to solidify its market position as a pioneer in the energy and environmental sectors.
How does Babcock & Wilcox MEGTEC Holdings, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Babcock & Wilcox MEGTEC Holdings, Inc.'s score of 77 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Babcock & Wilcox MEGTEC Holdings, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is part of a corporate family that includes Dürr Aktiengesellschaft, from which it inherits climate-related initiatives and commitments. While there are no documented reduction targets or specific climate pledges from Babcock & Wilcox MEGTEC Holdings, it is important to note that the climate commitments and performance metrics may be influenced by the initiatives of Dürr Aktiengesellschaft. This includes potential targets set under the Science Based Targets initiative (SBTi) and disclosures made to the Carbon Disclosure Project (CDP), both of which are cascaded from Dürr Aktiengesellschaft at a level 2 relationship. As the company continues to align with industry standards for climate action, it remains essential for stakeholders to monitor any forthcoming emissions data and commitments that may emerge in the future.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 28,034,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 28,649,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Babcock & Wilcox MEGTEC Holdings, Inc.'s Scope 3 emissions, which increased by 21% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 91% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Babcock & Wilcox MEGTEC Holdings, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.